If you are looking for brandable domain to name your company, startup or business, read the tips for protecting yourself from dealing with frauds while purchasing the domains.
Ways to Buy Brandable Business Names For Sale Over $2500
This is the simplest and safest procedure to buy premium website names for any business from third party or through the reselling websites that do you neither know nor are very sure about.
Check WHOIS to Verify Domain Ownership
It is straightforward to confirm the ownership if the seller has shared his contact details on website. Many times domains are either parked or left idle even without linking to web hosting nameservers. If you are in the situation, ensure whois.
Whois is technical term that indicates the personal contacts (name, postal address, phone number) and company name of the actual owner of any website URL. The initial step is that you should stay in touch with actual owner of the domain name. Whether you are purchasing directly or buying through the medium of third party agent / broker, you or your representative must check ‘Whois’ of the web address. Afterward, send an introductory message across the same email that you find in whois records of the domain. By that message, “confirm if you are the actual owner of this domain name and in process of selling domain to me/my company”.
What If WHOIS of Domain Names is Unavailable
Availability of Whois for every site is not mandatory. In case, webmaster has got the advanced security features activated, no information related to its site will be accessible by whois providers. Such features hide the Whois of website owners to protect web addresses from likely vulnerabilities like hacking, spamming and so forth. To cope with the situation, you must ask for a confirmation message through domain’s email id. For example – you are buying www.expras.com, ask an approval through email@example.com. More to the point, ask him for the screenshot of his registrar’s online account that contains the website address.
Escrow Services is Safe Above $2500
After completing the ownership verification successfully, payment step is obvious. There are several types of mode of payments. Which of them is appropriate for the transaction depends upon the amount.
If the amount exceeds $2500, it is secure to use ESCROW. It is the system which collects funds from buyer and ask seller to transfer the domain using the same company name and postal address that buyer has mentioned in the Escrow. Once seller does so and updates Escrow, Escrow confirms with the buyer about the transfer status. As soon as buyer gives the positive note, Escrow releases funds into seller account. Escrow has small fees to make the deal completed happily. Although there are number of escrow service providers in market, it is highly recommended to deal through the Escrow that has earned years of reputation.
If You Are New For Escrow Services
Don’t worry! The domain owners or its executive will walk you through the process. This is a very simple method that most of the domainers has already known and used several times to sell their premium domain names in past.
PayPal Recommended for below $1500
If it is below $1500, ask for a PayPal invoice. Pay it and inform seller that the payment has been made and please transfer it. Once seller transfers the domain name, you will almost certainly get the domain name from 15 minutes to 35 hours. If you feel that seller has taken advance, stopped replying and updating you then you can claim ‘Issue Refund’ by your PayPal account. You can claim it within 24 hours or so after transferring the funds.